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to travel, but also access to the tourism economy that flourishes in the city. >> i just want to address the technology point really quickly. we try and emphasize the human aspect of this, whether it is on the website or whether it is through the iphone app. other people use a device that we built, that lets you share a car more conveniently by letting the richer unlock the car with their smartphone. even with that, we really try to connect the people who are sharing because a lot of people to accept rentals just with the kit and may never meet the people they are sharing with. we tried to encourage the parties to get to know each other, trying to just display your interest or so many things i can think of that our websites due to show who this person really is. they take their photo. i think part of this is about trust, and it is about letting -- the things we do to encourage trust and the things you do as a responsible member of the sharing community to insure you are doing your due diligence as well. when two people -- first off, the one example i want to bring is that a lot of our ca
an argument for economic freedom and talked about the difference between the real economy that mitt romney participated in and succeeded in and the solyndra economy of president where you fund favored enterprises. >> when we come back president obama revamps his stump speech, taking credit for recent positive signs in the economy. but is our outlook that rosy? our panel takes a closer look next. oo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with the capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec
economy and to also improve the economy over where it has been over the last four years. host: we have been talking about the jobs numbers that are coming out today. here are the october numbers. 7.9%, slightly up from 7.8% from september. in issuing 171,000 jobs added in october. this is according to the u.s. bureau of labor statistics this morning. i want to get your quick reaction to those numbers. guest: first of all, that is virtually no change. yes, it is an uptick and it was a down tick the month before, and but unemployment is basically staying around 8%. if you count the people who have given up looking for jobs in this country, we have over 20 million people who are unemployed right now. those are the people that we have to address, there needs, their concerns, and make sure they have a job. by producing 12 million jobs, a lot of these people will be put back to work. if we continue the policies of the last four years, i'm afraid we're going to see the next no. for unemployment is going to be 8%-- next norm will be around 8% and around that 20 million figure. i think we can d
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
of the "wall street journal," economy grows at 2% pace. consumers, government spending, powered third-quarter gains, but growth likely to slow down. and that's what we want to talk to you about for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, october 27. we want to talk to you about your optimism or pessimism about the economy. things getting better? things getting worse? are you doing all right? could you be doing better? we want to talk to you about the economy, your optimism, and your pessimism in terms of your personal economy and not necessarily how you feel the candidates will do, what they might do for the economy once they get elected. 202-585-3881 for republicans. for democrats, 202-585-3880. for independents, 202-585-3882. and you can also reach out to us via social media. the address on twitter, @spanwj. facebook.com/cspan. and email, journal@c-span.org. more from the article this morning from the "wall street journal," economy grows at 2% pace. josh mitchell and refugee write -- -- and jeffrey write -- host: we'll take
to 36 hours to finish that job. you know, the economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september.
. there are people who want to serve when the economy changes, could impact this? yes. but right now, i feel it is not impacting our recruiting. it does not impact our quality operationally, and hopefully that will continue. >> you have been in the job for a little over a year now. god willing and things go right, you have three more years to go. i know that much of the decade before you took this job, it was not in the middle of the night and waking up and saying, what would i do if i was the chief? you have other things on your mind. what has surprised you the most in coming into this circumstance? >> well, i think, -- i guess i've got to be careful. one of the things i tell everybody what i was the commander in iraq and the commander of the core there, have the freedom to make some pretty significant decisions. that freedom is not quite the same here in washington. that is probably one of the biggest adjustment. i had to realize i did not have complete autonomy. i knew that, but it took me a while to understand that really. the real challenges that we have are that we have this large orga
days left to vet two choices for president. 11 days left before we decide who will oversee the economy and security and well-being for the next four years by a wide margin. the most important issue to every group polled says the economy and jobs is the number one issue to americans. that in mind, let's take a look at the two candidate, what they're doing today. governor romney has been delivering a major economic address to voters in iowa. >> this is not the time to double down on trickle-down government policies that have failed us. it's time for new bold changes that measure up to the moment. that can bring america's family to certainty, that the future will be better than the past. >> eric: president obama on the other hand, has a different agenda. today he is hanging out with mtv. look, it doesn't matter what you think of romney. what matters is this. do you really want four more years of obamanomics? check out the latest poll from abc/"washington post." when asked who do you trust more to hand the economy? romney 45 #%. president obama 43%. nine-point difference is huge. we have 1
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is going to affect this race? >> i think, yes, i think it might, in the sense that -- i think one of the big elements in the race is the level of enthusiasm on both sides. my strong sense, paul, this is an enthusiasm deficit on the democratic side. >> paul: all the polls show that. >> all the polls show that and i think it's a going to be a determining factor, now, new jersey, new jersey, maryland, it isn't going to decide whether-- obama will win those states. his popular vote may be down, i think the hurricane is going to suppress the popularity vote. >> paul: dampen that. >> and i spoke to a pollster not working for the obama campaign and agreed with dan's sentiment, turnout was an issue for democrats, enthusiasm is down, but also says that he thinks this allowed obama, even though he missed some days on the campaign trail, a
about disaster. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argo bankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. john: across the fed line they have to have rolled? >> no. we should have real insurance. it causes many of the problems because t
a great caterer. >> myths about disaster. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argoankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. john: across the fed line they have to have rolled? >> no. we should have real insurance. it causes many
. thanks so much for that. >>> turning to the economy third quarter gdp came in at 2% today. not great. better than the sat 1.3% growth rate last quarter but a new survey of economists says there is still no light at the end of the tunnel. if automatic spending cuts kick in it could cost the economy $100 billion. it gets worse though. they say the t hikes that could come are twice as big of a problem. they would cost $200 billion. my favorite economist peter morici is here to commiserate with me over this one. this report is staggering. i like it though i have to say when somebody goes out and quantify the impact of these things because i don't want emotion. i want to focus in on the numbers. so let's do that. $200 billion out of the prate sector if the bush tax cuts go away. 100 billion of government spending that would stop under the sequestration. do those numbers sound about right to you and is there a multiplier at work here? does it matter more if you take money away from the consumer in forms of evaporating tax cuts or the government spending? >> well i don't know that it matter
in this country to push our economy and improve the economy over the next four years. host: breaking news this morning. we have been talking about the jobs numbers coming out today. 7.9%, slightly up from 7.8%, the unemployment rate, from september. showing 171,000 jobs added in october, this according to the u.s. bureau of labor statistics this morning. i want to get your quick reaction to those numbers. guest: first of all, that is virtually no change. yes, it is an uptick, and it was down the month before. but unemployment is staying basically around 8%. if you count the people of -- who have given up looking for jobs in this country, we have over 20 million people who are unemployed right now. we have to address their needs and concerns, and make sure they have jobs over the next four years. by producing 12 million jobs, a lot of these people will be put back to work. if we continue the policies of the last four years, i am afraid we will see the next norm for unemployment in this country will be 8%, and the unemployment figures are going to stay around that 20 million figure. i think
back to the basics as the number one topic on the campaign trail is you guessed it the economy. cbs reporter tara mergener on how the candidates are focusing their final days of campaigning. >> reporter: governor mitt romney hit the stage, in ames iowa, ready to jump on new economic numbers. >> last quarter our economy grew at just 2%. after the stimulus was passed the white house promised that the economy would now be growing at 4.3%. over twice as fast. >> reporter: romney pointed the finger at the president's policies and is using the economy to make his closing argument to voters in the battleground states. >> this is not the time to double down on "trickle-down government" policies that have failed us. it's time for new bold changes that measure up to the moment. >> reporter: the white house looked at the new numbers as a sign the country is heading in the right direction. the economy expanded at a right higher than most expert predicted. vice president biden told voters in wisconsin a romney presidency would erase all the progress the president made. >> we believe for american
the economy is a virtual stand still. he blames the president. >> they said he's going to lower unemployment rate down to 5.2% now. today, we've learned it's 7.9%. that is nine million jobs short of what was promised. >> claiming the economy is expanding but at a moderate pace. >> mark math use will have more on this for you. >> right he spoke about significance of the numbers and what they mean. >> record number of californians will be able to pick up the race announcing 18.2 million californians are registered to vote but the percentage is roughly the same as years past. >> in san jose a jury deciding fate of a former elementary school principal charged with failing to report the molestation of an 8-year-old girl. >> happening now at the superior court, a jury is deliberating the case of a former principal accused of not reporting a case of suspected child abuse. closing arguments took place this morning. the misdemeanor count focuses on these notes when the principal took in 2011. a third grader student says her teacher blind folded her, made her lie on the floor and put a gooey something
for a speech on the economy on his economic plan. according to the latest polling average, president obama holds a % lead in this state. this is about 35 minutes. ♪ >> hello everybody, how are you doing? you live in iowa and you live in a battleground state. let me say that again because i don't think i've said that in all the years i've been in politics. we're a battleground state this year and that makes it very important. and i'm glad i have the opportunity to welcome the next president of the united states. and i know it's cool and you feel the chill but also you feel the momentum of romney being the next president of the united states. [applause] now you folks all know people who voted four years ago for president obama. you know that he promised partisanship and to reduce the deficit by half, that he was going to give us accountable government, that he was going to reduce your health insurance by $2500. today we have would have 5 and 6% unemployment instead of 8 and 9%. that was all part of economic recovery, wasn't it? this president has not delivered on his promised of 2008 and t
power. including around 650,000 in new york city alone. and costs to the country's economy estimated between $10 billion and $20 billion and growing. we're going to talk about the political, economic and environment implications of hurricane sandy for the next two hours, including how this natural disaster has linked this year's prominent foes, president obama andries and chris christie. both told reporters that they were determined to repair and rebuild the damage even as they praised each other's forms the crisis. >> the things we need to do is to make sure power restored as quickly as possible. make sure people have clean drinking water hospitals are taken care of the way we need to, and kids are back to school. i'm please to report that the president has sprung into action immediately to help us get us those things while we were in the car riding together. i appreciate that. he has worked extremely closely with me since the storm hit. this is our sixth conversation oversince the weekend. i cannot thank the president enough for his personal concern and compassion for our state and
better if we intend to compete in the global economy. last year, i traveled to china, and i visited several universities. the gnarl investment -- national investment in these universities, research facilities, and higher education is something to behold. over the last 30 years, china has had a 58-fold increase in spending in education, health, and social investments. according to o report from the center for american progress, by 2030, china will have more than 200 million college graduates, more than the entire u.s. work force. in five years, india will be producing five times as many college graduates as the united states. these are the facts that drive the decisions we must make as we position penn state to succeed in the future. part of that strategic planning requires getting out and staying out in front of the information technology revolution, which has been among the most significant drivers of educational change in the last 15-20 years. it's also been like a run away train. one response to the higher education funding crisis has been increased appeals, especially from legis
rights. that is one base of coordination but also the economy because women of color were the hardest hit during this recession. and we need to reach out to color in terms of latinos in particular, also immigration. so in terms of reaching the women, getting the women's vote, it's not just about the ovaries. it's about immigration, it's about civil rights, it's about the economy, it's about all of these different issues and bundling it to the. you can't win on one issue alone. >> i feel like we could show you political science data saying women tend to do better when a democrat is in office on all of these things. are the democrats making the argument they need to make to these broad group of women? >> republicans had a very specific strategy this year which is try to force white voters, including married white women, to really choose more than ethnicity and more their class and not pay attention to issues that would be considered women's issues. but what i think is interesting is how few republican women have been out front. you showed all those clips. very few republican women, includin
analogis. whoever wins the commonwealth will win it by a nose. the governor pressing hard on economy today. "fox news poll" showing him with a nine point ad vage over the president. with mr. obama on the campaign trail governor romney is sharpening the contrast with the president who is best to bring back prosperity for the nation. >> do you want the four more years like the last four years? >> no!. >> you want four more years where 23 million americans are struggling to have a good job? >> no!. >> you want four more years where earnings are going down every year? >> no!. >> you want four more years of trillion dollar deficits in washington? >> no!. >> reporter: governor romney drawing the sharp contrasts with government. do you want bigger government with stifling regulations or smaller leaner government to help the private sector to grow and create jobs. he dinged the president in a new ad today suggesting somewhere down the road he may appoint a secretary of business, watch. >> barack obama says he may appoint a secretary of business. his solution to everything is add another bureaucrat
reporter will talk about the economy in swing states and how it affects campaign 2012. we will take a look at the role religion is playing in the campaign 2012 and how the latest voted blocks might impact the election. turn your clocks back one hour tonight. that is it for "washington journal." a new edition comes at 7:00 tomorrow morning. >> through the election day, what our coverage of the presidential candidates and key senate and house and governor races. after an overview of the 2012 senate races, we will show you the maine senate race debate. >> a senior analyst for the rothenberg her campaign has completely retooled. she reinvents herself. she has had some good television ads. murphy is making up the advantage where it needs to be. she is open a case like, but not a huge leak that democrats would like in connecticut. -- lee that democrats would like in connecticut -- lead that democrats would like in connecticut. north dakota is an interesting one. it is one that if democrats have not gotten the right candidate, we would not be talking about it being as competitive. the democrat ge
. we were losing like 800,000 jobs a month. and now we are coming back. i just think the economy is getting a lot better now under a democratic administration. host: i appreciate the call from kentucky this morning. i want to point out another facebook post. this from justin from the upstate new york area. he writes -- at least i am not bombarded with a negative campaign ads while i am watching jeopardy. let us go to rwanda from oklahoma on our line for republicans, how is the campaign playing out in a solidly red state of oklahoma? caller: yes, we are the reddest of the red states. everyone of our counties has gone to mitt romney, and i think we will do it again. what i am calling to about is something that you will never hear from mitt romney, that he does not talk about, that he does not solicit people to speak about, and that is about his incredible generosity. we have heard on television the people coming forward and speaking about the times that he has, without any publicity, that he has contributed to their welfare and so many different ways. he has set of hospital beds an
business. >> okay. the resulting economy has resulted in internet base for short term rentals and many of the rentals are illegal and the hotel tax is not collected. should the city legalize some or all of the arrangements and collect a hotel tax and we will begin with you -- i will be glad to repeat the question. >> i honestly don't know how you would enforce a law like that. of course everyone should pay their fair share but i don't know how you could enforce that. i believe we should standardize the inlaw units, maybe sure they're up to code and regulate any new units but as far as taxation i cannot see how you could actually enforce that and collect the taxes on it. >> thank you sir. mr. yee. >> cheryl i just want to make sure -- >> i can repeat it. there is internet base market for short base rentals and they sublease units to visitors and tourists and many are illegal and the city's hotel tax is not collected. should the city legalize these arrangements and collect the hotel tax? >> i traveled to different countries and i go to the internet and they have hotels and these renta
. saying it stands behind fuel economy ratings, today, hyundai and kia issued a joint statement that said in part given importance of fuel efficiency we're sorry for the errors. we say we've got your back that is an assurance we don't take lightly. we're going to make this right and will be more driven to ensure our vehicles deliver outstanding fuel economy. consumer watch dog says the issue is bigger than hyundai and kia. >> whether intentional or not Ñç proceedal error. the big question is why do we have epa tests that are not run by the epa? >> more than a third of the modelsd through past october are involved. hyundai and kia will receive a card reimbursing them for differences in epa combined fuel economy ratings based on fuel price in their area and miles driven. the companies are also adding on 15% for the trouble. we'll keep track of the cards and make sure everyone gets one. >> that is a big pr mess. >> it is. >> new york skyline beginning to look more familiar as electricity is restored and lights coming on in neighborhoods the mayor says coned yi ton hopes to have most of the
are needed each month to turn the economy around. so that is the big number we have. that's where we start. good morning. i'm bill hemmer. welcome here. morning, martha. martha: good morning bill. what a week. it is friday. welcome everybody, i'm martha maccallum. this jobs report today could be the freshest things people have in their mind in terms of a economic number when they head to the polls in a few days. this short shows it has been a very slow, sluggish recovery. the government reports real unemployment, this is the number we want to focus on, 14.6%. we say that for a good reason. that includes people that are underemployed, even people only worked one day, get counted in the underemployed, part time emed employed. some just have given up. bill: stuart varney, anchor fox business network. good morning to you. start with the more significant number you find there. what is that, stuart? >> that is the real unemployment rate. that gives the true picture of the employment situation in america today. the that real unemployment rate is 14.6%. that is a dismal picture of the employment p
%. they did beat estimates even though the cfo said he's seen evidence of a weak economy all around us. you were talking about climate change and this issue of whether it's responsible for some of the weather changes that we've seen. munich re had created a bit of a firestorm when it put out a report noting that north america was seeing mcs in unusual events and attributed it to climate change. it caused quite a stir at the time. back to you. >>> coming up, chris christie touring the carnage. millions still without power. mass transit trying to get back to line. we'll get a progress report. >>> this morning not a lot of movement. yesterday the sale. things orderly in the first day of trading since everything was shut down because of sandy. this morning futures down by about two points. nasdaq up by about 2 1/4 points. >>> jfk and newark airports both operational on wednesday, but saw very few flights. jpk is seeing more arrivals than departures, but net back to normal. courtney reagan is at laguardia this morning. >> reporter: good morning. so we haven't yet seen a plane take off here. the
as coming in with the latest report. so it does suggest this economy is gaining steam and that has lifted the president just a few points but that makes all the difference in this cycle. >> perry, your latest article is titled i want to be able to say this on tv, it's the obama care, stupid. why election 2012 is about health care, not the economy. but explain to me what you mean. >> what i mean is we've talked a lot about the economy. bill clinton has, president obama has, mitt romney has in reality the president has very limited control over how the economy works and whether jobs are created or not. this is something out of the president's control. mitt romney says he'll create 12 million jobs. but a lot of analysts say 12 million jobs are created whether it's mitt romney, president obama or alex witt as the president. not clear the president has that much power over the economy. on health care the president has a lot of power in terms of what he can do. mitt romney wants to repeal health care which will be a big change. president obama wants to implement the health care bill which reall
.d.p. report shows our nation's economy growing at a mere 2%. and that anemic growth could be because of government spending. where is the recovery? "fox & friends" begins now. it's ominous morning this morning as we begin to see what sandy does on the east coast. tropical storm the. >> the cold front coming from the west one monster slow moving storm so its effects can be felt for a few days. has sites set on the united states. rick reichmuth has been following sandy's path. so i get, rick, that's good news. others say it can be worse than irene. >> don't pay attention to it being downgraded. it doesn't mean anything. it's not really completely a tropical storm. it's going to be transitioning to what we kind of consider a nor'easter. we are accustomed to nor'easters. that kind of a event. moisture associated with a tropical storm. tropical storm holds a lot more water in the atmosphere as it transitions. that water is still going to be there radar picture showing the rain is following across parts of the carolinas. the rain is going to be heavy all day. battering waves, a lot of wind
you sir. >> there are three parts of the economy, the consumer, the investment and the government. the only reason thing that has grown on a rapid rate is the government. the government gets their revenues through taxation or borrowing money. the problem is the regulations are hurting small businesses. 2/3 of all jobs are created by small business which are considered -- chapter s corporations and less than $250,000 killing all of the regulations and kill the incentive. the government doesn't produce anything. it's the private sector that produces the wealth and the opportunity. get the government off the back through regulations and taxation and you will see the city once again be vibrant. i'm telling you it's taxation and regulations. i have two successful businesses. i would not open another one in san francisco. i would not. >> thank you. mr. yee. >> here's the four things i would do to create jobs. number one, help the small businesses with a one stot shop approach. ocean avenue had a fire. nine businesses had a fire and the mayor came and if he could do that one t
to the economy. the president seized on the jobs report today. mr. obama told supporters more workers hired in october than any other time in the last eight months. he says america has come too far to turn back now. >> we've come too far to grow faint hearted. now is the time to keep pushing forward. train our workers to create new jobs and rebuild our infrastructure. >> mitt romney took aim at the unemployment report saying it's a sad reminder the economy is in a virtual stand still. >> he said he'd get unemployment down to 5.2%. that is nine million jobs short. those are real americans.. >> despite the report neither campaign expects new figures will do much to chaimpkt race claiming americans views of the economy are fixed by now. california reached 18.2 million registered voters. secretary of state announced 950,000 new voters have signed up since the 2008 presidential election partially because of the new online registration system. number of registered republicans, however, has fallen to just below 30%. >> and a field poll shows support growing for ending california's death penalty. p
was booked on felony battery chargees tphaot unemployment rate rose slightly in october even as the economy add jobs. the habbor department says the rate -- labor department says the rate kicks up from 7 passport 8 in september. employers -- 7 .8 in september. employers add jobs, the august and september job figures were up as well. the increase because of the improving job market sept more market sent more people into the workforce. >>> that piece add to the campaigns tonight. the numbers can can be spun either way it depends on who you ask. >> reporter: president barack obama and mitt romney see one number in two very different ways. just litch -- listen to supporters chapters. >> four more years,. >> four more days. >> so, monthly unemployment numbers take on different interpretations especially when they are released on the friday before a presidential election. president barack obama and his runningmate focused on 171,000 new jobs add to the economy. >> this morning we learned companies hired more workers in october than any time in the last eight months. >> created 5.4 new private s
a while. perhaps even a decade. one said it shows progress in a strengthening economy, but it levels well short needed to stick complaint reduce the unemployment rate. >> good, solid growth is at least a quarter million jobs a month and even at that rate we are talking about five or six years. if you want to get back in the next presidential term in four years, you need something like 325,000 jobs a month. that's much stronger than we are getting right now. >> one obstacle preventing people from hiring is they don't know what their tax rates will be in january or how much the government will spend. all the expiring policies known as the fiscal cliff, rich. >> wall street didn't like something today. >> it was better than expected. first the stocks went higher and then they went south. they blame the costs of hurricane sandy and the dow drops 140, the s&p 13 and phase back 38. >>. >> the president and gov. romney that different reaction to the jobs numbers. we will check in with each campaign as it battles for one of the biggest swing states on the map with now four days to go. from the jo
not a key topic in the national debate? josh becker, founder of clean economy next oh network is here to help us understand. frustrating. four debates. one vice presidential, three presidential debates. not one question from the audience. not one question from the moddator about the question of global warming half of our county under severe drought. the arctic ice melt at historic levels, and the the acuity of these 100-year storms now happening every year or every other year. what is going on. >> you just rattled off key stats that people should be paying attention to, but you're right, people hadn't been paying attention to on both sides. sandy has changed that. it has changed it in a number of ways. you know, we're just talking about the cover up business week, it's global warming stupid. we're talking about obama getting great marks of his handling. >> and michael bloomberg coming out and endorsing president obama because of the issue of climate change. >> yes, tremendous. you know, massive news that happened today. almost as importantly the time that he got with christie going ar
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